The state of our local property market
The average price of a property in our country has risen dramatically over the past few years, including during recession period. This is even more obvious in prime locations such as Kuala Lumpur, Selangor and Penang. A property bought 2 years ago in an OK location can easily worth 20-30% more now. And I won’t [...]
When should you get a property?
Our property market is still in high demand even though our country is still trying to recover from the recent recession. Many people have chose to wait it out since 2008, hoping that our property market will take a dip. However, thanks to the brilliant marketing plan from the local property developers, our property market [...]
Should you buy a property now?
Our Malaysia government recently came out with the Mini Budget which encourages people to buy properties. These properties are not meant for rental though. If you’re a property investor who wants to buy a property and rent it out, then you are not eligible for this tax deduction incentive.
Anyway, a few friends of mine started [...]